NAFCU News Archives

NAFCU asks NCUA to consider additional FOM reforms

NAFCU asks NCUA to consider additional FOM reforms

NAFCU Regulatory Affairs Counsel Dale Baker Tuesday offered the association’s support for the NCUA’s proposed rule to reform several of the agency’s field of membership requirements (FOM) and definitions, but made some [...]

This week: Lawmakers work to avert debt ceiling crisis

This week: Lawmakers work to avert debt ceiling crisis

The House and Senate were both scheduled to be in recess this week, but lawmakers are expected to return to Washington to vote on legislation to avert a debt ceiling crisis. An agreement between the [...]

NCUA proposes NAFCU-sought charitable donation change

NCUA proposes NAFCU-sought charitable donation change

The NCUA Board met yesterday and unanimously approved a NAFCU-sought proposed rule to amend NCUA regulations to include 501(c)(19) veteran’s organization in the definition of “qualified charity.” NAFCU, the Defense Credit Union [...]

Memorial Day: A day of remembrance

Memorial Day: A day of remembrance

This weekend we recognize Memorial Day, a time when our country comes together to honor servicemembers, both past and present. It is no secret that freedom comes at a high price. Our brave men and [...]

FOMC minutes stress debt ceiling, impacts to broader economy

FOMC minutes stress debt ceiling, impacts to broader economy

The Federal Open Market Committee (FOMC) released minutes from its May meeting Wednesday. The minutes showed economic activity expanded at a modest pace in the first quarter, but participants stressed the importance of raising the [...]

New home sales continues to climb in April

New home sales continues to climb in April

New home sales increased 4.1 percent in April to 683,000 annualized units, while sales in March were revised down 27,000 units. Compared to last year, April’s sales were 11.8 percent [...]

NAFCU celebrates CUs’ commitment to military members

NAFCU celebrates CUs’ commitment to military members

May is Military Appreciation Month and NAFCU is celebrating the credit union industry’s commitment to providing service members, veterans, and their families with safe, secure, and reliable financial services. Through #NAFCUNation, the association is [...]

Long: Fed’s Powell, Williams indicate pause in rate hikes

Long: Fed’s Powell, Williams indicate pause in rate hikes

Federal Reserve Board of Governors Chair Jerome Powell and Federal Reserve Bank of New York President John Williams participated in a research conference Friday where they shared insights into interest rates and inflation. “Both Chair [...]

Flipped houses and second appraisals

Flipped houses and second appraisals

So, you’ve been watching HGTV lately and thinking about flipped houses. It seems like everyone wants to get in on the craze of buying a house, making a few improvements to it, and then [...]

NCUA Board set to propose rule related to charitable donations

NCUA Board set to propose rule related to charitable donations

The NCUA Board meets next week and is expected to issue a proposed rule related to charitable donation accounts. While details of what the proposed rule would modify won’t be available until the meeting, [...]

Who do you have in your corner?

Who do you have in your corner?

If you were to win an award, who are the people you’re thanking in your acceptance speech? Success is often marked as a personal achievement. But in reality, there are many people in our [...]